Tech Company Financing Transactions
Algorithmia Funding Round
Algorithmia, based in Seattle, raised $25 million from Gradient Ventures, Madrona Venture Group and Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
5/16/2019
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
This funding enables us to double-down on developing the infrastructure to scale and accelerate their machine learning efforts.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1925 Post Alley
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Undisclosed
Website
Email Address
Overview
Algorithmia makes applications smarter, by building a community around algorithm development, where state of the art algorithms are always live and accessible to anyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Diego Oppenheimer
Chief Technical Officer
Kenny Daniel
Browse more venture capital transactions:
Prev: 5/16/2019: Hydrow venture capital transaction
Next: 5/16/2019: Blinkit venture capital transaction
Share this article
Where The Data Comes From
We report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs